Simply Good Foods (SMPL) Tops Q2 EPS by 9c

Simply Good Foods (NASDAQ: SMPL) reported Q2 EPS of $0.36, $0.09 better than the analyst estimate of $0.27. Revenue for the quarter came in at $296.7 million versus the consensus estimate of $274.9 million.

Updates full fiscal year 2022 outlook:

• Net sales expected to increase 13-15% versus fiscal year 2021, including a 2 percentage point headwind related to the European business exit and Quest frozen pizza licensing
• Adjusted EBITDA(4,6) anticipated to increase slightly less than the net sales growth rate
• Adjusted Diluted EPS(3,6) expected to increase greater than the Adjusted EBITDA(4,6) growth rate

For earnings history and earnings-related data on Simply Good Foods (SMPL) click here.

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